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Trump blame Biden’s “Overt” after GDP shrinks in the first quarter, says growth “takes some time”

US President Donald Trump stands during the rally to celebrate his 100th day at the Macomb Community College at Warren, Michigan, USA, April 29, 2025.

Evelyn Hokstein | Reuters

President Donald Trump Wednesday accused their predecessor and defended their wide tariffs after new data showed the United States economy treaty In the past quarter, warning that his promised “boom” will take some time.

“This (former President Joe) Biden’s stock market rather than Trump. I haven’t taken over until January 20,” Trump said Truth social post.

“Tariffs will soon be hit, and companies start moving to the US in a record number. Our country will be boom, but we must get rid of Biden,” he said.

“It will take a while, has nothing to do with the tariffs, only in that it left us with bad numbers, but if the boom starts, it will be like no other. Be patient !!!” Trump wrote.

Defensive post on social media occurred less than an hour after the report of the US Department of Commerce The economy has fallen At 0.3% year at the first three months of the year.

This is conducting the news. Please update updates.

. Jeff Cox CNBC contributed to this report.

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